Hypothetical Growth of $10,000 (Gross of Fees)

The Pacer Trendpilot® Index was released on 06/10/15. On 11/01/17, the equity index the Pacer Trendpilot® Index tracks changed to the S&P MidCap 400® Index. All data shown here is based on the S&P MidCap 400® as the equity index and is hypothetical, retrospectively calculated, and based on rules-based criteria applied retroactively with the benefit of hindsight and knowledge of factors that may have positively affected its performance, and cannot account for all financial risk or market and economic factors that may affect the actual performance.

PAST PERFORMANCE (WHETHER RETROSPECTIVELY CALCULATED OR ACTUAL HISTORICAL) IS NOT INDICATIVE OF FUTURE RESULTS. YOU CANNOT INVEST DIRECTLY IN AN INDEX.

Source: S&P. The hypothetical backtested index performance of the Pacer Trendpilot® US Mid Cap Index is shown net of fees and reflects the reinvestment of dividends. The annual total expense is 0.60%. The Pacer Trendpilot® Index was released on 06/10/15. On 11/01/17, the equity index the Pacer Trendpilot® Index tracks changed to the S&P MidCap 400® Index. All data shown here is based on the S&P MidCap 400® as the equity index and is hypothetical, retrospectively calculated, and based on rules-based criteria applied retroactively with the benefit of hindsight and knowledge of factors that may have positively affected its performance, and cannot account for all financial risk or market and economic factors that may affect the actual performance. The results shown are hypothetical and do not reflect actual returns.

The Pacer Trendpilot® US Mid Cap Index (the “Index&rdquo😉 is the property of Index Design Group, LLC which has contracted with S&P Opco, LLC (a subsidiary of S&P Dow Jones Indices LLC) to calculate and maintain the Index. The Index is not sponsored by S&P Dow Jones Indices or its affiliates or its third party licensors (collectively, “S&P Dow Jones Indices&rdquo😉. S&P Dow Jones Indices will not be liable for any errors or omissions in calculating the Index. “Calculated by S&P Dow Jones Indices” and the related stylized mark(s) are service marks of S&P Dow Jones Indices and have been licensed for use by Index Design Group, LLC. S&P® is a registered trademark of Standard & Poor’s Financial Services LLC (“SPFS&rdquo😉, and Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones&rdquo😉.

The Indexes and services offered by Index Design Group, LLC. are not guaranteed as far as return and/or principal and investors may, in fact, lose money. Investment professionals should review the appropriateness and suitability of any investment to ensure it meets the risk parameters of the client. This document is neither a solicitation or an offer to buy any interest in any of our offerings. Certain investments may be purchased only by qualified individuals or institutions.

Index performance returns are for illustrative purposes only and do not represent actual fund or portfolio performance. Investing involves risks, including possible loss of principal.